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However, coffee import business do not want to sign FOB contract, but wish the seller to bear all expenses, including transportation, insurance, so that Vietnamese coffee exports face difficulties
.
According to the Import and Export Bureau of the Ministry of Industry and Trade of Vietnam, in the second quarter of this year, world coffee prices showed an upward trend compared with the first quarter
.
.
The reason is that due to the complex development of the new crown epidemic, the shortage of containers has lasted for a long time and freight rates have risen
.
In addition, due to the negative impact of the new crown epidemic in Vietnam and some major producing countries, coffee supply is in short supply; at the same time, the import demand for coffee in the United States and Europe has increased
.
.
In addition, due to the negative impact of the new crown epidemic in Vietnam and some major producing countries, coffee supply is in short supply; at the same time, the import demand for coffee in the United States and Europe has increased
.
At the beginning of July this year, world coffee prices were the same as at the end of June, but then they rose sharply again
.
In the last few days of July, world coffee prices continuously hit record highs
.
.
In the last few days of July, world coffee prices continuously hit record highs
.
In terms of exports, the Vietnam Import and Export Bureau stated that in July this year, Vietnam exported 110,000 tons of coffee, with an export value of US$207 million, a stable year-on-year volume and a 5.
9% increase in export value
.
In the first seven months of this year, Vietnam’s coffee exports totaled 953,000 tons, with an export value of 1.
754 billion U.
S.
dollars, a year-on-year decrease of 9.
3% in export volume and a decrease in export value of 1.
7%
.
9% increase in export value
.
In the first seven months of this year, Vietnam’s coffee exports totaled 953,000 tons, with an export value of 1.
754 billion U.
S.
dollars, a year-on-year decrease of 9.
3% in export volume and a decrease in export value of 1.
7%
.
It is expected that in the future, due to the complex development of the new crown epidemic, Vietnamese coffee exports will still face many difficulties.
Many provinces and cities in Vietnam are implementing social distancing, and production and transportation of goods will be difficult
.
Many provinces and cities in Vietnam are implementing social distancing, and production and transportation of goods will be difficult
.
